Refinery Catalyst Marketis expected to reach USD 8.59 Billion by 2024 from USD 6.58 Billion in 2016 at a CAGR of 3.4%.
Escalating energy demand, environmental regulation, robust demand for catalyst in chemical synthesis, increasing demand for polymers, strong growth of refineries are factors driving the growth of refinery catalyst market. Undefined method of catalyst disposal and high cost of catalyst generation may restrain the growth of refinery catalyst market. Catalyst with improved and enhanced performance like zeolite is expected to impel the demand for refinery catalyst.
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Refinery Catalyst MarketFCC catalysts segment is dominating the refinery catalyst market during the forecast period. Increasing demand from the refining industry led by emerging countries, such as China and India and stringent environmental regulations are driving the growth of this segment. FCC catalyst plays vital role in the conversion of heavy atmospheric residues and vacuum distillates into fractions of motor fuels, mainly gasoline.
Metals segment among material is leading the refinery catalyst market. Rising use of metals for hydrotreating and hydrocracking to remove unwanted impurities and emission of harmful gases into the environment due to stringent environmental regulations enacted to reduce air pollution by reducing sulfur content in gasoline and diesel.
Geographically, the refinery catalyst market has been segmented into Asia Pacific, North America, Europe,
Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is anticipated to grow at highest CAGR led by increasing demand for transportation fuels, refined products and stringent environmental regulations in this regions.
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Scope of the report:
Refinery Catalysts Market, by Type:
• FCC Catalysts
• Hydrotreating Catalysts
• Hydrocracking Catalysts
• Catalytic Reforming Catalysts
• Others
Refinery Catalysts Market, by Ingredient:
• Metals
• Zeolites
• Chemical Compounds
Refinery Catalysts Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Profiled in the Report:
• Albemarle Corporation (US)
• W.R. Grace & Co. (US)
• Axens SA (France)
• Haldor Topsoe A/S (Denmark)
• BASF SE (Germany)
• Johnson Matthey (UK)
• Honeywell UOP (US)
• Clariant International Ltd. (Switzerland)
• Criterion Catalysts & Technologies L.P. (US)
MAJOR TOC OF THE REPORT
Chapter One: Refinery Catalyst Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Refinery Catalyst Market Competition, by Players
Chapter Four: Global Refinery Catalyst Market Size by Regions
Chapter Five: North America Refinery Catalyst Revenue by Countries
Chapter Six: Europe Refinery Catalyst Revenue by Countries
Chapter Seven: Asia-Pacific Refinery Catalyst Revenue by Countries
Chapter Eight: South America Refinery Catalyst Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Refinery Catalyst by Countries
Chapter Ten: Global Refinery Catalyst Market Segment by Type
Chapter Eleven: Global Refinery Catalyst Market Segment by Application
Chapter Twelve: Global Refinery Catalyst Market Size Forecast (2019-2026)
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